Senior Compliance Manager – Transaction Banking recruitment
Senior Compliance Manager required by a leading bank in London to manage their Transaction Banking division.
You will provide compliance advisory services to the Transaction Banking business unit so will need a detailed understanding of Transaction Banking products and services, the regulatory expectations relating to them, and the ability to work closely with the business unit to provide commercially sensitive solutions to regulatory issues.
As the Compliance business partner for Transaction Banking, you will also be expected to provide the link into the core central compliance teams (including Monitoring, Training, and Regulatory Developments) as well as sister teams in the wider Risk Division.
Key Accountabilities
• To develop relationships at a senior level across Transaction Banking, and the functions supporting it.
• To develop and maintain an understanding of Transaction Banking, and its development plans (including the Transaction Banking Transformation programme).
• To ensure that they are aware of all regulatory requirements and developments applying to Transaction Banking’s products and services.
• To ensure that appropriate advice and guidance is provided to Transaction Banking.
• To work with management and Transaction Banking to ensure that processes and controls are in place to manage regulatory expectations.
• To work effectively with, in particular, the Compliance Advisory teams supporting the coverage business units.
• To ensure that regular Conflict Mapping and Compliance Risk assessments are undertaken, and agreed with the business units - and to ensure that action plans are agreed to manage the risks identified appropriately.